The bill proposes an amendment to campaign finance regulations in Alabama, specifically exempting candidates for municipal office from the requirement to file a designation of their principal campaign committee and campaign finance reports until they exceed a threshold of $1,000 in contributions or expenditures. This change aims to reduce the administrative burden on candidates who may not yet be actively fundraising or spending significant amounts on their campaigns.

The new legal language inserted into the current law specifies that candidates will not be subject to the filing requirements outlined in Sections 17-5-4 and 17-5-8 of the Code of Alabama 1975 until they surpass the $1,000 threshold. The bill is set to take effect on June 1, 2024, following its passage in the House on February 29, 2024, and in the Senate on April 11, 2024.

Statutes affected:
Introduced: 17-5-4, 17-5-8
Enrolled: 17-5-4, 17-5-8